Trustage Foundation Inc
Preselected recipients only
Trustage Foundation Inc is a private foundation in Madison, Wisconsin. In tax year 2024 it gave $3.6 million in 74 grants; the typical grant was $22,500 and the largest $650,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$3.6 million
- Number of grants74
- Typical grant$22,500
- Largest grant$650,000
- Assets$16.7 million
- New grantees58%
Giving in 2024 was down from $5.0 million the year before.
58% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $5.0 million | 95 | $15.6 million |
| 2024 | $3.6 million | 74 | $16.7 million |
How to apply
Trustage Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Trustage Foundation Inc funds
Where it gives
Its grants went to recipients in 8 states, the most to Wisconsin.
| State | Grants | Amount |
|---|---|---|
| Wisconsin | 45 | $2.3 million |
| Iowa | 20 | $591,500 |
| South Carolina | 1 | $509,557 |
| District of Columbia | 3 | $150,250 |
| South Dakota | 2 | $50,000 |
| Texas | 1 | $500 |
| North Carolina | 1 | $250 |
| Ohio | 1 | $250 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Dane County | Charitable | $650,000 |
| Yourcause Inc | Charitable | $509,557 |
| The Foundation for Black Women's Wellness | Charitable | $250,000 |
| Bayview Foundation Inc | Charitable | $150,000 |
| YMCA Madison | Charitable | $150,000 |
| Iowa Heartland Habitat for Humanity | Charitable | $100,000 |
| National Credit Union Foundation | Charitable | $100,000 |
| Big Brothers Big Sisters of Dane County | Charitable | $100,000 |
| 247 Blac | Charitable | $80,000 |
| The 1619 Freedom School | Charitable | $75,000 |
| Ceos of Tomorrow | Charitable | $75,000 |
| Boys and Girls Club of Dane County | Charitable | $75,000 |
| The Jesse Cosby Center | Charitable | $70,000 |
| Operation Fresh Start | Charitable | $70,000 |
| Gay Straight Alliance for Safeschools | Charitable | $65,000 |
| United Way Waverly Shell Rock | Charitable | $60,000 |
| Outreach Community Center | Charitable | $50,000 |
| MTZ Charitable Organization Inc | Charitable | $50,000 |
| Foundation for Dane County Parks | Charitable | $50,000 |
| National Credit Union Foundation | Charitable | $50,000 |
| Goodman Community Center | Charitable | $50,000 |
| Centro Hispano Inc | Charitable | $50,000 |
| Cedar Valley Friends of the Family | Charitable | $50,000 |
| The Job Foundation | Charitable | $40,000 |
| Middleton Outreach Ministry (Nka Wayforward Resources) | Charitable | $40,000 |
| Literacy Network | Charitable | $40,000 |
| Simpson Street Free Press | Charitable | $35,000 |
| Root to Rise Inc | Charitable | $35,000 |
| Horizon High School | Charitable | $32,000 |
| One City United | Charitable | $30,400 |
| Working Against Violence Inc | Charitable | $30,000 |
| Briarpatch Youth Services Inc | Charitable | $30,000 |
| All in Mentoring | Charitable | $30,000 |
| Porchlight Inc | Charitable | $25,000 |
| Boys & Girls Club of the Cedar Valley | Charitable | $25,000 |
| YMCA Madison | Charitable | $25,000 |
| East Madison Community Center | Charitable | $25,000 |
| Rapid City Club for Boys | Charitable | $20,000 |
| Catholic Charities - the Beacon | Charitable | $20,000 |
| Hospitality House of the Cedar Valley | Charitable | $15,000 |
Officers and trustees
- Angela Russell
- Paul Barbato
- Brian J Borakove
- Katherine L Castro
- Todd M Dunning
- John Cassidy
- Elizabeth McCluskey
- Danielle Cruz
- Emily Gnam
- Kelly Toy
- Scott Travis
- Angel McCann-Lair
- Linda Nedelcoff
Questions people ask
Does Trustage Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Trustage Foundation Inc give?
$3.6 million in tax year 2024, across 74 grants, with a typical grant of $22,500.
Who runs Trustage Foundation Inc?
Its 2024 filing lists Angela Russell (President / Director), Paul Barbato (Secretary), Brian J Borakove (Treasurer) and Katherine L Castro (Assistant Secretary) among 13 officers and trustees.
What does Trustage Foundation Inc fund?
Based on its grants, mainly human services, youth programs and health.